It is a good tax savings strategy especially if you are a firm believer in money now is worth more than money later.

Hi everyone,I’m a rookie real estate investor who came across bigger pockets after reading through the investing with little to no money down book. 

Depending how much you earn you can step up those savings by getting a side-hustle.

The idea that you can build wealth without putting any money into it is a recipe for disaster and the sales pitch of gurus trying to steal your money.

So if I liquidate money from my business credit cards and open a forex brokerage account and pay for a trading bot, is the money i use to pay back the credit cards and trading bot taxable?

Here is what is being considered:SCENARIO 1):1) Parents loan us money at X% rate.2) Loan terms would allow for early payment without penalty (we would get a conventional loan in 2-5 years to pay parents back). 

So saving money and improving your credit will help now and down the road.

Money order?

In this event you will be able to purchase the property for less money now and refinance at a lower rate when interest rates drop, making your deal that much better!

The reps i've spoke to say it's a private money lender but I just want to make sure they're a legitimate company.